Another week passes and LQMT’s share price is up 7.57% from 0.0595 cents to 0.064 cents on extremely weak trading volumes and little interest. The same when LQMT moves up or down.
Ironically as stated in my previous post, a few hundred thousand shares trading can move the stock’s share price up or down a penny. Today’s anemic volume moved the SP up 9/10th’s of a penny. I just post what I’ve observed regarding LQMT. LQMT gets all the credit positive or negative. Believe it or not, this type of anemic trading activity has been do just that for years now and not just for one trading day.
While all outsiders in LQMT continue to focus on what is left of the share price rise, contracts have not yet materialized and as accurately predicted here on this board, the share price has begun to pull back as stated in a few of my posts. The nickels for now seems to be the direction LQMT is averaging right now down from the 7’s when a blog post appeared and TC an insider purchased shares causing much speculation and rightfully so.
Perhaps today’s close can be followed by some positive news next week. Who knows? With LQMT anything is possible, from languishing in the abyss to rocketing up to the moon.
Now one would think, myself included, with all of the hoopla of LQMT showing a new product on the LQMT blog and the CEO buying a million shares or so and trading volumes (rising) quadrupling, plus speculations, and LQMT showing a little more potential, that the share price would continue to go up and up and hold. Right? After all, an insider doesn’t buy stock to see the share price go back down. So I was told here on this board. Right?
Not so fast. LL is the biggest insider and TC has his own reasons for buying. And just because an insider buys it doesn’t mean the stock can’t fall back down after the pop in the share price. And yet every now and then a genius will come along and tell me and everyone else who disagrees, they are wrong!
The bottom line is usually when an insider buys stock in their own company it is a bullish sign. But when two or three insiders do the same around the same time, it is an extremely bullish sign. All outsiders are still waiting….tic tic tic tic tic tic.
Unfortunately for anyone stuck in la la land as well as those stuck in reality land and in between, it (the share price) goes in a direction based on demand for the stock and sometimes that demand is increased or decreased based on performance of a company and not just, “ I feel something good is about to happen because it hasn’t happened for a long long time.”
Many still don’t get it! You need actual new contracts, new sources of revenue growth to grow the shareholders value and PR’s/more communications of confidence from LQMT.
Hype and speculation and a lack of great potential just doesn’t do it any more for a company that has not fulfilled any of those speculations theories and perceived potentials in over twenty years!!
Not that I or anyone else would mind if those hype dreams and well wishes and theories would work to rocket up the share price.
As stated a gazillion times: with anemic trading volumes the share price means BUBKIS! and so too does another picture of a product using Liquidmetal, without the big long overdue 8K.
Perhaps in 2025 or 2026 LQMT might succeed and if they ever do make it in 2024 all in it will be very thankful and glad that they did.
FOMO lives and is probably the main reason why anyone holds on regardless of any other opinion at this time. Not wanting to take a loss at this point may be another.
I try to present a balanced view based on the facts not on the emotions of anyone hyping or bashing LQMT. I believe I nailed it correctly. This board has had it correct past and present from potential to expectations to hope to FOMO.
Unfortunately LQMT can still hit the 02’s. Not my wish. The performance of LQMT will decide that.
From looking at events upcoming, the share price should hold from the 0.04’s and higher for the next three months.
No matter what anyone’s views or opinions are about LQMT, here’s to looking to its success in 2024.
At least the first week without good, bad or indifferent reasons headed in the right direction.
Good luck to all in LQMT.
Wish TC and all of the executives luck.
